Saturday, 20 December 2014
Last updated 20 hours ago
Jun 11 2008 | 11:24am ET
Hedge funds continued their resurgence in May, powering their way back into positive territory with a 2.01% return.
The Greenwich Global Hedge Fund Index is now up 0.49% on the year, Greenwich Alternative Investments said. For the second straight month, long/short equity managers were on top, adding 2.35%. Specialty strategies funds rose 2.1%, directional trading funds returned 2% and market-neutral funds added 1.39%.
Investable hedge funds rose 1.66%, Greenwich AI said.
“Across the board, hedge funds performed well in May,” Margaret Gilbert, managing director, said. “But the real story is told when comparing year-to-date performance. Hedge funds are positive for the year compared the major equity indices, which still remain negative.”
The Standard & Poor’s 500 are still down 3.8% year-to-date after a 1.3% return last month.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.